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How Do You Ethically Manage $1.5 Trillion?
I know someone who has a few ideas
Lionel Foster
August 07, 2025 • Estimated Reading Time: 3 minutes
MEET THIS WEEK’S GUESTRodney Foxworth is an entrepreneur and investor with diverse networks across economic development, impact investing, philanthropy, and venture capital. He’s advised, founded, operated, and funded multiple entrepreneurial endeavors and is currently co-founder of Worthmore, an impact investing and strategic advisory firm. |  |
Friends, here is this week’s episode.
Rodney Foxworth has his eye on the approximately $1.5 trillion in assets managed by private charitable foundations. By law, they have to spend a minimum of five percent annually on mission-driven activities. For those family offices and other organizations that want to align more of that money with their public-facing work, Rodney serves as an advisor and also a bit of a poet, psychologist, and mediator. Because up to now, the investment professionals in the back offices of these foundations haven’t necessarily had to speak the same language as, say, their grantmaking colleagues who might work in a different building. A new generation of donors wants greater alignment.
If you like this week’s conversation, there’s more below.
Intentional Endowments Network
This group reflects the kind of strategizing and rethinking of institutional assets Rodney describes.
What is a Donor-Advised Fund?
One day, you may find yourself at a party with me, and instead of conversing about music or sports, I’ll talk in glowing terms about my favorite tax-advantaged savings accounts. Look: I’m middle-aged. Deal with it. I can almost guarantee I’ll write more about this in future newsletters. In the meantime, consider this an amuse-bouche.